“The first investment fund for ambitious citymakers in the Netherlands.”
The Citymaker Fund contributes to a vibrant and inclusive city by investing in initiatives with social added value and a reasonable economic return. The fund is a matchmaker between citymakers and investors. It helps initiatives to buy real estate and land and finance construction. To make the social return feasible, the fund aims to achieve a reasonable financial return. Moreover, the fund advises citymakers on how to develop a feasible business case.
Citymakers make an impact
Citymakers take a hands-on approach to make and keep cities sustainable, inclusive and attractive. They contribute to a better urban environment. For example, they set up circular hubs, public neighbourhood gardens and employment projects for people having trouble finding work, and they revitalise vacant real estate and turn sleepy locations into community meeting places.
Citymakers are socially involved and participatory in their work. They create value: social, sustainable, creative and artistic. They also increase the financial value of (adjacent) urban areas, land and real estate. Citymakers are passionate trailblazers for new area development by means of ‘placemaking’.
Citymaker Fund as investor and matchmaker
With social impact as a driver, a healthy business case is the foundation for long-term success. But it’s not easy for new players in the field to access financing. Funders who want to make socially responsible investments aren’t always aware of citymakers and vice versa. Traditional banks and funders consider small-scale and new initiatives to be too vulnerable or aren’t necessarily interested in a social return.
Solid support and a shared financial guarantee can help to ease these concerns. Private investors are increasingly willing to invest in initiatives with social impact, as long as the investment receives strong support and is well managed. The Citymaker Fund acts as a matchmaker between these citymaker initiatives and investors.